The online sports betting and gaming group reported a net gaming revenue (previously disclosed as gross profit) of £30.4m and a group operating profit of £4.2m for the three months ended 31 October 2007, the first quarter of the company’s financial year. The strong performance was driven by the European sports betting websites, where amounts wagered were up to £169.6m from £147.5m in 2006, with a 8.8% profit margin, compared to 8.5% in 2006, and over 197,000 active customers, up 7% on 2006.
Solid start to the financial year for Sportingbet
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